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1.Market Observations, 8.Was Sticky

3 Jan 2018 (AFR) – Housing prices falling, the boom is over – Sydney house prices to fall up to 10 pc over next two years: Corelogic

(3 January 2017 AFR, p1,3, by: Larry Schlesinger, Matthew Cranston)

‘Australia’s long running house price boom is over with new data showing national dwelling price growth is now falling after having stalled for two months. CoreLogic’s December Home Value Index shows Sydney property values fell 0.9 per cent in December, leading a 0.3 per cent fall nationally in values, as theĀ housing market headed into 2018 with the prospect of “lower to negative growth rates across previously strong markets”.’

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